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'More Orange Than Ever': Michael Saylor Hints at Massive New Bitcoin Buy

As MSTR trades at a 14% premium, Michael Saylor hints at a massive new Bitcoin maneuver for Strategy.

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Gamza Khanzadaev
Wire content from U.Today

‘More Orange Than Ever’: Michael Saylor Hints at Massive New Bitcoin Buy

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Gamza Khanzadaev

Sun, 4/10/2026 – 14:07


As MSTR trades at a 14% premium, Michael Saylor hints at a massive new Bitcoin maneuver for Strategy.

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'More Orange Than Ever': Michael Saylor Hints at Massive New Bitcoin Buy

Cover image via depositphotos.com

Disclaimer: The opinions expressed by our writers are their own and do not represent the views of U.Today. The financial and market information provided on U.Today is intended for informational purposes only. U.Today is not liable for any financial losses incurred while trading cryptocurrencies. Conduct your own research by contacting financial experts before making any investment decisions. We believe that all content is accurate as of the date of publication, but certain offers mentioned may no longer be available.


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Strategy (formerly MicroStrategy) founder and chairman Michael Saylor published data on the company’s Bitcoin strategy with the concise comment: “More orange than ever.”

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Michael Saylor’s “More orange than ever” post on X, Source: Michael Saylor via X.com

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Saylor’s wording directly refers to a recent chart from the StrategyTracker platform dated October 4, 2026, where the density of orange purchase markers reached an all-time high. Posts of this kind have traditionally preceded official filings with the U.S. Securities and Exchange Commission (SEC) on the completion of another round of large purchases.

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According to BitcoinTreasuriesNET analytics dashboard, Strategy has accumulated 847,666 BTC to date, or about 4.04% of Bitcoin’s total supply. With total historical spending of $63.95 billion, the portfolio’s average purchase price is $75,442.45 per coin.

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At current market prices, the reserves are valued at $72.20 billion, putting the company’s unrealized net profit above $8.25 billion. Since the start of the year, the portfolio has grown by 26.05% (+175,169 BTC), with purchases made in late September at prices close to the portfolio’s average.

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Strategy’s Bitcoin accumulation chart showing 847,666 BTC holdings as of October 4, 2026, Source: StrategyTracker

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Saylor’s claim that the balance is “more orange than ever” is also reflected in the stock market’s valuation. The company’s shares currently trade at a 14% premium to the value of its net crypto reserves, with an mNAV multiple of 1.14x. Each diluted share represents 0.001972 BTC.

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Wall Street accepts this premium because of the company’s distinctive debt model, the Digital Credit Stack. Strategy raises liquidity by issuing specialized bonds (tickers STRC, STRD, STRF, and STRK) totaling $12.68 billion, with fixed yields ranging from 9.00% to 13.63% annually.

Citigroup analysts previously raised their price target for MSTR shares to $240, citing the effectiveness of the company’s balance sheet management. The exact size of the new purchase hinted at in Saylor’s statement will become clear in the upcoming regulatory filings.

#Bitcoin
#Bitcoin News
#Michael Saylor
#MicroStrategy News



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This article originally appeared on U.Today. Read the full article at the source: https://u.today/more-orange-than-ever-michael-saylor-hints-at-massive-new-bitcoin-buy

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